CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2015	Mar. 31, 2015
Current Assets
Cash and cash equivalents	$ 3,406	$ 5,341
Receivables, net	17,402	15,914
Inventories, net	16,411	14,296
Prepaid expenses and other	1,042	1,119
Total Current Assets	38,261	36,670
Property, Plant and Equipment, Net	2,112	2,045
Goodwill	9,701	9,817
Intangible Assets, Net	3,103	3,441
Other Assets	1,910	1,897
Total Assets	55,087	53,870
Current Liabilities
Drafts and accounts payable	26,854	25,166
Short-term borrowings	7	135
Deferred revenue	999	1,078
Deferred tax liabilities	1,979	1,820
Current portion of long-term debt	996	1,529
Other accrued liabilities	3,644	3,769
Total Current Liabilities	34,479	33,497
Long-Term Debt	7,715	8,180
Other Noncurrent Liabilities	$ 2,555	$ 2,722
Commitments and Contingent Liabilities (Note 13)
Redeemable Noncontrolling Interests	$ 1,378	$ 1,386
McKesson Corporation Stockholders’ Equity
Preferred stock, $0.01 par value, 100 shares authorized, no shares issued or outstanding	0	0
Common stock, $0.01 par value, 800 shares authorized at December 31, 2015 and March 31, 2015, 271 and 384 shares issued at December 31, 2015 and March 31, 2015	3	4
Additional Paid-in Capital	5,793	6,968
Retained Earnings	7,995	12,705
Accumulated Other Comprehensive Loss	(1,845)	(1,713)
Other	(2)	(7)
Treasury Shares, at Cost, 42 and 152 at December 31, 2015 and March 31, 2015	(3,068)	(9,956)
Total McKesson Corporation Stockholders’ Equity	8,876	8,001
Noncontrolling Interests	84	84
Total Equity	8,960	8,085
Total Liabilities, Redeemable Noncontrolling Interests and Equity	$ 55,087	$ 53,870

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).